Furi Electronics main business to make money by Mai Rui chengmenmian

Furi Electronics August 23rd semi annual report released in 2014, the first half of this year (1-6 months) to achieve revenue 1 billion 290 million yuan, down 3.16%; net profit attributable to shareholders of listed companies 5 million 865 thousand yuan, down 88.35%; after deducting non recurring gains and losses of 19 million 243 thousand and 500 yuan.

Among them, LED photoelectric and green industry revenue 228 million yuan, an increase of 2508.7%, smart appliances and communication products revenue 56 million 886 thousand and 900, down 50.61%, trading revenue 997 million yuan, down 16.89%, other revenue 13 million 372 thousand and 100 yuan, down 62.45%.

Data source: Furi Electronics in 2014 semi annual report

According to the Furi Electronics semi annual report shows that as its subsidiary or shareholding companies in LED related concept of enterprise performance:

The main LED display products, Mai Rui photoelectric first half revenue 202 million yuan, net profit of 15 million 936 thousand and 500 yuan; in 2014 the main LED Furi lighting indoor lighting, LED lights, tunnel lights and other products in the first half operating income was 8 million 417 thousand and 200 yuan, 8 million 918 thousand and 300 yuan loss in 2014; Furi photoelectric main LED packaging products, the first half of the year operating income for 6 million 388 thousand and 900 yuan, 4 million 775 thousand yuan loss; the main LED contract energy management project on both sides of the lighting in the first half of 2014 annual revenues of 3 million 982 thousand and 800 yuan, 833 thousand and 600 yuan loss.

This also means that the 4 LED concept of Furi Electronics Company, in addition to Mai Rui photoelectric profit, the other 3 companies are still at a loss.

It is worth mentioning that the July 2013 acquisition of Mai Rui photoelectric Furi Electronics, which promised in 2013 net profit in 2014, 2015, three annual consolidated statements attributable to owners of the parent company (after deducting non recurring gains and losses) are not less than 30 million yuan, 35 million yuan and 39 million yuan. 2013, 2014, three annual consolidated statements attributable to owners of the parent company's net profit (excluding non recurring gains and losses) of the total number of not less than 120 million yuan RMB (). Mai Rui photoelectric 2013 annual operating income of $376 million, net profit of $34 million 2 thousand in 2013 has reached the expected benefits.

Data source: Furi Electronics in 2014 semi annual report

Furi Electronics Industrial Layout did not end in LED. Furi Electronics announced that in August 21st the company and Shenzhen runlite Technology Co. Ltd. shareholders signed a "letter of intent" acquisition of shares, the company intends to purchase, the way of capital holds 51% stake in yuanlei technology.

Source Lei technology paid capital of 30 million yuan, focusing on small and medium power LED lighting package research and development, production and sales. After the completion of the acquisition, the company will fill the blank of LED lighting package display business, with the company's existing LED class package of complementary businesses to further strengthen and improve the existing LED packaging business, help the company to provide LED application integrated solutions more perfect for customers, improve the comprehensive competitiveness of the company. (text / China LED network Sophie)